The cost of living in Frankfort, IL, exceeds the nationwide average in several key areas. Housing costs are 15% higher than the national average, while healthcare expenses are 10% above the norm. Groceries, utilities, transportation, and miscellaneous costs also show slight increases, with the overall cost of living index standing at 104. This indicates that residents in Frankfort, IL, face living expenses that are 4% higher than the average American.
The cost of living in Frankfort, Illinois, shows some differences compared to the nationwide average. Housing costs in Frankfort stand at 115, which is 15% higher than the national average. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive in Frankfort compared to the rest of the country.
Other areas of spending also reflect these differences. For instance, groceries in Frankfort are priced at 102, which is 2% higher than the national average. Utilities, however, are slightly lower, with a cost of 95, which is 5% below the national average. Transportation costs are close to the national average at 98, showing minimal difference. Healthcare costs are 10% higher at 110, and miscellaneous expenses are 5% higher at 105. These variations highlight the importance of considering the cost of living when planning a move to Frankfort.
